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Western Digital (WDC) to slash 2,500 jobs - 5% of its workforce - and shut down factories for...

Western Digital (WDC) to slash 2,500 jobs - 5% of its workforce - and shut down factories for two weeks amid weak demand and steeper than expected competitive pricing. It now sees FQ2 revenue of $1.7-1.8B vs. $1.97B consensus.
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